Lao Retained Earnings vs Intangible Assets Analysis

600612 Stock   52.37  2.80  5.08%   
Lao Feng financial indicator trend analysis is infinitely more than just investigating Lao Feng Xiang recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lao Feng Xiang is a good investment. Please check the relationship between Lao Feng Retained Earnings and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lao Feng Xiang Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Lao Feng's Retained Earnings and Intangible Assets is 0.13. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Lao Feng Xiang, assuming nothing else is changed. The correlation between historical values of Lao Feng's Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Lao Feng Xiang are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Lao Feng's Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Lao Feng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lao Feng Xiang current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 596.7 M, whereas Tax Provision is forecasted to decline to about 753.5 M.
 2022 2023 2024 2025 (projected)
Operating Income3.4B4.3B4.9B5.1B
Total Revenue63.0B71.4B82.2B86.3B

Lao Feng fundamental ratios Correlations

0.050.970.99-0.32-0.350.930.21-0.28-0.130.910.970.820.970.160.50.540.990.88-0.85-0.78-0.850.910.31-0.880.6
0.050.26-0.090.040.09-0.180.280.280.33-0.190.170.150.230.350.29-0.02-0.08-0.02-0.010.01-0.020.03-0.090.11-0.1
0.970.260.92-0.25-0.240.850.31-0.2-0.130.840.970.840.990.190.570.560.920.83-0.78-0.71-0.780.870.31-0.810.53
0.99-0.090.92-0.35-0.390.960.15-0.34-0.120.920.930.790.920.120.430.521.00.88-0.84-0.77-0.840.90.34-0.870.57
-0.320.04-0.25-0.350.46-0.350.660.210.14-0.38-0.29-0.31-0.26-0.240.15-0.03-0.39-0.410.410.360.41-0.41-0.10.4-0.31
-0.350.09-0.24-0.390.46-0.290.520.33-0.12-0.47-0.4-0.3-0.28-0.030.240.04-0.43-0.510.640.670.64-0.520.090.53-0.5
0.93-0.180.850.96-0.35-0.290.19-0.25-0.110.860.810.660.840.230.450.460.950.78-0.72-0.66-0.720.780.39-0.740.47
0.210.280.310.150.660.520.190.370.22-0.030.190.00.290.130.780.320.10.030.020.050.020.030.120.09-0.13
-0.280.28-0.2-0.340.210.33-0.250.370.24-0.29-0.24-0.56-0.170.490.48-0.38-0.35-0.440.190.040.19-0.45-0.530.340.05
-0.130.33-0.13-0.120.14-0.12-0.110.220.24-0.36-0.12-0.4-0.130.360.07-0.39-0.12-0.22-0.030.01-0.04-0.21-0.250.34-0.11
0.91-0.190.840.92-0.38-0.470.86-0.03-0.29-0.360.880.790.860.10.320.480.930.88-0.85-0.83-0.850.880.23-0.950.73
0.970.170.970.93-0.29-0.40.810.19-0.24-0.120.880.840.980.120.490.510.930.88-0.9-0.83-0.890.910.18-0.910.67
0.820.150.840.79-0.31-0.30.660.0-0.56-0.40.790.840.83-0.180.190.690.80.85-0.66-0.53-0.650.870.49-0.80.44
0.970.230.990.92-0.26-0.280.840.29-0.17-0.130.860.980.830.190.570.540.920.85-0.83-0.76-0.830.880.25-0.850.61
0.160.350.190.12-0.24-0.030.230.130.490.360.10.12-0.180.190.36-0.410.130.01-0.2-0.28-0.210.02-0.34-0.030.17
0.50.290.570.430.150.240.450.780.480.070.320.490.190.570.360.420.40.39-0.35-0.33-0.350.380.09-0.280.23
0.54-0.020.560.52-0.030.040.460.32-0.38-0.390.480.510.690.54-0.410.420.510.69-0.3-0.13-0.30.660.78-0.460.14
0.99-0.080.921.0-0.39-0.430.950.1-0.35-0.120.930.930.80.920.130.40.510.9-0.86-0.79-0.860.910.32-0.890.6
0.88-0.020.830.88-0.41-0.510.780.03-0.44-0.220.880.880.850.850.010.390.690.9-0.84-0.72-0.840.990.42-0.90.59
-0.85-0.01-0.78-0.840.410.64-0.720.020.19-0.03-0.85-0.9-0.66-0.83-0.2-0.35-0.3-0.86-0.840.961.0-0.860.070.9-0.84
-0.780.01-0.71-0.770.360.67-0.660.050.040.01-0.83-0.83-0.53-0.76-0.28-0.33-0.13-0.79-0.720.960.96-0.740.230.87-0.87
-0.85-0.02-0.78-0.840.410.64-0.720.020.19-0.04-0.85-0.89-0.65-0.83-0.21-0.35-0.3-0.86-0.841.00.96-0.850.070.9-0.83
0.910.030.870.9-0.41-0.520.780.03-0.45-0.210.880.910.870.880.020.380.660.910.99-0.86-0.74-0.850.4-0.910.6
0.31-0.090.310.34-0.10.090.390.12-0.53-0.250.230.180.490.25-0.340.090.780.320.420.070.230.070.4-0.11-0.29
-0.880.11-0.81-0.870.40.53-0.740.090.340.34-0.95-0.91-0.8-0.85-0.03-0.28-0.46-0.89-0.90.90.870.9-0.91-0.11-0.76
0.6-0.10.530.57-0.31-0.50.47-0.130.05-0.110.730.670.440.610.170.230.140.60.59-0.84-0.87-0.830.6-0.29-0.76
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Lao Feng Account Relationship Matchups

Lao Feng fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets19.6B22.3B26.0B24.3B28.0B29.4B
Other Current Liab1.4B1.3B4.4B43.3M49.8M47.3M
Total Current Liabilities9.2B10.1B13.5B10.1B11.6B12.2B
Total Stockholder Equity8.0B9.2B10.1B11.6B13.3B14.0B
Other Liab93.2M79.2M56.4M54.1M62.2M71.0M
Accounts Payable480.5M524.1M815.0M503.6M579.1M734.3M
Cash5.6B7.0B5.6B9.3B10.7B11.3B
Other Assets324.6M334.6M333.6M379.9M436.9M332.6M
Net Receivables150.1M177.3M442.2M315.3M362.6M363.6M
Short Term Investments294.9M352.9M231.1M294.7M338.9M355.8M
Inventory11.9B12.5B16.8B12.3B14.2B14.9B
Other Current Assets656.8M862.2M1.3B704.9M810.6M851.2M
Total Liab10.1B11.4B14.0B10.6B12.2B12.8B
Intangible Assets89.2M57.9M56.2M53.1M61.1M47.3M
Property Plant Equipment346.7M376.9M860.4M808.2M929.5M480.7M
Retained Earnings7.0B8.2B9.1B10.3B11.8B12.4B
Net Tangible Assets6.9B7.9B9.1B10.1B11.6B7.6B
Other Stockholder Equity(2.4M)1.9M5.7M796.0K716.4K680.6K
Deferred Long Term Liab42.4M45.6M50.0M63.5M57.1M49.8M
Total Current Assets18.8B21.0B24.7B23.0B26.5B18.9B
Non Current Assets Total811.6M1.3B1.3B1.3B1.5B1.2B
Non Current Liabilities Total979.2M1.3B560.3M516.2M593.6M803.4M
Short Long Term Debt6.3B7.7B6.9B5.6B6.5B6.5B
Net Invested Capital15.1B17.8B17.2B17.4B20.0B16.4B
Net Working Capital9.6B10.9B11.3B13.0B14.9B10.5B
Net Debt3.8B1.5B1.6B1.5B1.4B1.5B
Property Plant And Equipment Net376.9M860.4M808.2M794.9M914.2M701.2M
Property Plant And Equipment Gross716.1M1.2B808.2M1.2B1.4B1.0B

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Other Information on Investing in Lao Stock

Balance Sheet is a snapshot of the financial position of Lao Feng Xiang at a specified time, usually calculated after every quarter, six months, or one year. Lao Feng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lao Feng and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lao currently owns. An asset can also be divided into two categories, current and non-current.